Dogecoin is entering a critical phase as on chain data signals steady accumulation despite a weak broader trend.

Active addresses surged past 73,000, and retail buyers absorbed nearly 50 million dollars in spot purchases this week, showing that demand is quietly rebuilding.

Bubble risk continues to decline, confirming that market participants are positioning rather than exiting.

A move toward 0.14 remains possible, but the real challenge sits at the heavy sell cluster near 0.20 where 11.72 billion $DOGE could trigger strong rejection.

$DOGE momentum is improving, yet bulls must clear this barrier to confirm a sustainable breakout.